Noida Toll Bridge Company Reports Q4 FY26 and FY26 Financial Results

Noida Toll Bridge Company Reports Q4 FY26 and FY26 Financial Results​

Noida Toll Bridge Company Limited (NTBCL) today announced its financial performance for the Quarter and Year ended March 31, 2026 (Q4FY26 and FY26). The company reaffirmed its commitment to the safe and efficient upkeep of the DND Flyway, a vital infrastructure connecting Delhi and Noida, and serving over 2.5 lakh daily commuters.

During the fiscal year, advertising revenue remained the primary income stream, supporting ongoing maintenance, security, and financial commitments. For FY26, the Company shared ₹3.40 crore with Noida Authority from its advertising revenue.

Financial Performance Highlights​

The results for both the quarter and the full fiscal year show significant movement in key financial metrics.

Q4 FY26 Performance​

FY26 Performance​

The full year results show an overall increase in revenue, attributed to one-time exceptional income.

Operational Upgrades and Technical Assessment​

Throughout the fiscal year, the Company conducted multi-phased road repair and upkeep activities across critical sections of the carriageway, including Bituminous Concrete (BC) works, SDBC works, and micro-surfacing.

Initial plans for the second phase of upgradation were scheduled to commence in the third week of October 2025, with a target completion period of December 2025 to January 2026. However, statutory restrictions under GRAP-IV caused a delay, pushing the completion timeline until April 2026.

To evaluate the long-term maintenance requirements and preserve the infrastructure, the NTBCL conducted an Independent Technical Assessment of the DND Flyway. The assessment, performed by CRISIL Intelligence (Routine Operations and Major Maintenance) and Almondz Global Infra (Bridge Assessment), reviewed the pavement quality, bridge structures, and maintenance systems.

Key findings indicated that the DND Flyway remains structurally sound and does not require major structural strengthening or rehabilitation in the immediate future. The studies validated the durability of the underlying infrastructure. The assessment estimated that approximately ₹20 crore (at current prices) will be required over the next five years for phased functional overlay, upkeep, and preventive maintenance.

Judicial Updates Regarding Advertisement Operations​

The Company also noted the interim stay granted by the Hon’ble Delhi High Court concerning NOIDA Authority’s demand letter dated September 10, 2025. This letter sought to halt NTBCL's advertisement displays and recover alleged advertisement license fees exceeding ₹100 crore.

The Court, by its order dated September 25, 2025, restrained NOIDA from taking any coercive action against NTBCL or disrupting its advertisement operations. This protection was recently extended until July 28, 2026. NTBCL has stated that advertisement revenue, an essential operating income since the toll suspension in 2016, is both lawful and critical for maintaining the DND Flyway and meeting financial obligations.

The Noida Toll Bridge Company Limited is an IL&FS Group Company and operates the DND Flyway, which has served as a critical urban mobility corridor connecting Delhi and Noida since 2001.

NOIDATOLL Stock Price Movement​

Today, Noida Toll Bridge Company Limited shares edged higher to close at ₹4.74, marking a strong 14.63% gain for the stock. The equity settled amid active market participation, recording a total traded volume of 4.13 million shares today.